India’s SRF reports Q1FY24 results; Capex for AHCL Expansion

SRF Limited, a chemical-based multi-business entity specializing in the production of industrial and specialty intermediates, has released its consolidated financial results for the first quarter ended June 30, 2023. The unaudited results were approved by the Board of Directors during a meeting held on the same day. Q1 Results: In the first quarter of the … Read more

SRF Ltd Reports 1.2% Growth in YoY Net Profit for Q3 FY23

SRF Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit grew by 6.24% to Rs 5.11 billion for the period ended Dec 31, 2022 as against net profit of Rs 4.81 billion for the previous quarter. Net sales … Read more

SRF Ltd Reports 25.8% Growth in YoY Net Profit for Q2 FY23

SRF Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 20.9% to Rs 4.81 billion for the period ended Sept 30, 2022 as against net profit of Rs 6.08 billion for the previous quarter. Net sales dropped 3.7% to Rs … Read more

SRF Commissions Project Expansion for BOPP Film Line and Metallizer

SRF Limited has announced that a project to establish a second BOPP film line and metallizer at Indore, with an estimated cost of Rs 4.24 billion has been approved. On August 25, 2022, the project was launched and capitalised for a total of Rs 4.24 billion. The board of directors of SRF Ltd had given … Read more

India’s SRF to Build Intermediates Plant at Dahej

SRF Limited has revealed plans to establish a new and dedicated INR 2.5 billion facility for producing advanced intermediates for agrochemicals at Dahej in Gujarat to meet the demand. The Indian industrial and specialty intermediates manufacturer said that its board of directors has approved the investment. According to SRF Limited, the advanced intermediates plant will … Read more

India’s SRF Reports 32.2% YoY Net Profit Growth in Q3FY22

SRF Ltd., an industrial and specialty intermediates manufacturer based in India announced its results for the third quarter ended December 31, 2021. Q3 Results- QoQ The company’s net profit grew 32.2% to Rs 5.05 billion for the period ended December 31, 2021 as against net profit of Rs 3.82 billion for the previous quarter. Net … Read more

India’s SRF Reports 21.3% Growth in YoY Q2FY21 Net Profit

SRF Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 3.3% to Rs 382.45 crores ($50.9 million) for the period ended September 30, 2021 as against net profit of Rs 395.28 crores ($52.6 million) for the previous quarter. … Read more

India’s SRF Reports 123.2% YoY Net Profit Growth in Q1FY21-22

SRF Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 4% to Rs 395.28 crores ($53.2 million) for the period ended June 30, 2021 as against net profit of Rs 380.92 crores ($51.3 million) for the previous quarter. … Read more

India’s SRF Limited Reports 105% Profit Growth for Q4FY21

SRF Limited, an Indian industrial and specialty intermediates manufacturer announced its consolidated financial results for the fourth quarter and full year ended March 31, 2021. Q4 Financials The consolidated revenue of the Company increased 40.6% to Rs 2620.61 crore ($356 million) in Q4FY21 as against Rs 1864.15 crore ($253.2 million) in the prior year quarter. … Read more

SRF Reports 16% Revenue Growth for Q3 YoY FY20-21

SRF Limited., an Indian chemicals & allied manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 2.7% to Rs 324.25 crores for the period ended December 31, 2020 as against net profit of Rs 315.68 crores for the previous quarter. Net sales grew 2.17% … Read more

SRF Reports 78% QoQ Net Profit Growth for Q2 FY20-21

SRF Limited., an industrial and specialty intermediates manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 78% to Rs 315.2 crores for the period ended September 30, 2020 as against net profit of Rs 177.09 crores for the previous quarter. Net sales grew 36% … Read more

SRF Limited Reports Drop in Q4 Revenue, Rise in FY20 Profit

SRF Limited, an Indian industrial and specialty intermediates manufacturer announced its consolidated financial results for the fourth quarter and full year ended March 31, 2020. Q4 Financials The consolidated revenue of the Company decreased 4% to Rs. 1,858 crore ($245.9 million) in Q4FY20 as against Rs. 1,937 crore ($256.3 million) in the prior year quarter. … Read more

India’s SRF Sells Engineering Plastics Business to DSM for $45 million

Chemicals manufacturer SRF Ltd has signed an agreement to sell its engineering plastics business to DSM’s Indian subsidiary DSM Pvt Ltd for $45 million. Subject to the relevant conditions, the deal is expected to close in six months, SRF said in a statement. “This marks a significant milestone for our company, as we take another … Read more

India’s SRF Shuts Plant at Dahej for Regulatory Violation

Pollution Control Board of Indian state Gujarat has ordered chemicals manufacturer SRF Ltd to shut down its Dahej unit. The board in its order stated that the company has violated the industrial waste disposal norms and installed a calcium chloride plant without regulatory approvals. On March 25, the state regulator inspected the industrial unit of … Read more